Markets in Financial Instruments Directive I (MiFID I)
Active since: 2007
Superceeded by: MIFID II
Target: Banks and stock brokers within the European Union and in Iceland, Norway and Liechtenstein
Goal: Increase transparency across EU financial markets and to standardize regulatory disclosures for firms.
MIFID stands for Markets in Financial Instruments Directive and is a directive by the European Union.